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Silicon Valley'S High-Velocity Labor Market

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  • Alan Hyde

Abstract

The remarkable growth of Silicon Valley has often been linked to its high-velocity labor market, as characterized by short-term hiring and frequent employee departures to competitors or start-ups. Such employee mobility is said to contribute to economic growth by facilitating rapid diffusion of information among firms. 1998 Morgan Stanley.

Suggested Citation

  • Alan Hyde, 1998. "Silicon Valley'S High-Velocity Labor Market," Journal of Applied Corporate Finance, Morgan Stanley, vol. 11(2), pages 28-37.
  • Handle: RePEc:bla:jacrfn:v:11:y:1998:i:2:p:28-37
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    Citations

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    Cited by:

    1. Montserrat Vilalta-Bufi, Departament de Teoria Economica and CAEPS (Universitat de Barcelona) and & Departament d'Economia i Historia Economica (Universitat Autonoma de Barcelona), 2008. "Inter-firm labor mobility and knowledge diffusion: a theoretical approach," Working Papers in Economics 210, Universitat de Barcelona. Espai de Recerca en Economia.
    2. Vilalta-Bufi, Montserrat, 2010. "On the industry experience premium and labor mobility," Labour Economics, Elsevier, vol. 17(3), pages 547-555, June.
    3. Robert G. Valletta, 2002. "On the move: California employment law and high-tech development," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue aug16.
    4. repec:dau:papers:123456789/2945 is not listed on IDEAS
    5. Robert Bird & John Knopf, 2015. "The Impact of Local Knowledge on Banking," Journal of Financial Services Research, Springer;Western Finance Association, vol. 48(1), pages 1-20, August.
    6. Briggs Depew & Peter Norlander & Todd A. Sørensen, 2017. "Inter-firm mobility and return migration patterns of skilled guest workers," Journal of Population Economics, Springer;European Society for Population Economics, vol. 30(2), pages 681-721, April.
    7. Thomas Hellmann & Enrico Perotti, 2011. "The Circulation of Ideas in Firms and Markets," Management Science, INFORMS, vol. 57(10), pages 1813-1826, October.
    8. Erkan Gürpınar, 2016. "Organizational forms in the knowledge economy: a comparative institutional analysis," Journal of Evolutionary Economics, Springer, vol. 26(3), pages 501-518, July.
    9. Yeganegi, Sepideh & Laplume, André O. & Dass, Parshotam & Huynh, Cam-Loi, 2016. "Where do spinouts come from? The role of technology relatedness and institutional context," Research Policy, Elsevier, vol. 45(5), pages 1103-1112.
    10. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, Elsevier.
    11. Thomas Hellmann, 2007. "When Do Employees Become Entrepreneurs?," Management Science, INFORMS, vol. 53(6), pages 919-933, June.
    12. Montserrat Vilalta-Bufi, 2007. "Labor mobility and Inter-industry Wage Variation," DEGIT Conference Papers c012_024, DEGIT, Dynamics, Economic Growth, and International Trade.
    13. Hellmann, Thomas & Thiele, Veikko, 2015. "Friends or foes? The interrelationship between angel and venture capital markets," Journal of Financial Economics, Elsevier, vol. 115(3), pages 639-653.
    14. Simon Deakin, 2013. "The Legal Framework Governing Business Firms & its Implications for Manufacturing Scale & Performance: The UK Experience in International Perspective," Working Papers wp449, Centre for Business Research, University of Cambridge.

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